$SOPH Tightly Coiled — Will the Squeeze Explode or Fizzle Out?
SOPH/USDT is currently trading at 0.03572, holding just below a narrow resistance band between 0.03575 and 0.03580. After several intraday tests of this area, price remains range-bound. Volume is steady, but directional conviction is lacking — indicating a potential squeeze setup.
Key Technical Levels
• Resistance Zone: 0.03575 – 0.03580
A clean breakout above this range could trigger momentum toward the 0.03620–0.03650 zone.
• Support Zone: 0.03550 – 0.03530
A breakdown below this base may invite short-term weakness toward deeper support.
Trade Setup
Bullish Scenario
• Entry: Above 0.03580 (breakout confirmation)
• Target 1: 0.03620
• Target 2: 0.03650
• Stop Loss: Below 0.03545
Bearish Scenario
• Entry: Below 0.03530 (breakdown trigger)
• Target 1: 0.03500
• Target 2: 0.03470
• Stop Loss: Above 0.03575
What to Watch
• Break-candle with volume expansion above 0.03580
• Multiple rejections or failed breaks at resistance zone
• RSI or MACD divergence on lower timeframes
SOPH is showing compression behavior — the next 15-minute candles could deliver the breakout or rejection signal. Wait for confirmation before entering.
